here is vonnie quinn. nie: shares of volkswagen more. faulty pollution ratings were found in gasoline powered cars, a first. so far the problem has been limited to diesel engines. vw says the new findings of fact 800 thousand cars. software tricks admission tests. did becomemiller bearish on stocks, the reason is monetary policy between the u.s. and europe that started in may, 2014. the billionaire investor, as one of the best track records over the last three decades. his duquesne capital management had an annual return of 30% through 2010 from 1986. accidentally, confusion began when the bbc posted comments from its governor saying that a link -- prof. pissarides: a really fascinating thing about that. i spoke to richard frost of bloomberg. we have to send them a fax, the pboc. they replied with a text to clarify. if you didn't know before, it is not the federal reserve. the pboc is another -- tom: it is bizarre. you have a good morning must-read? jon: it is the financial times and is critical. he writes

. : here is vonnie quinn with first word news. vonnie: we are following breaking news out of mali this morning. none man attacking the radisson blu hotel in the capital of bamako. rumor is that there are 170 hostages. the army commander tells the ap that 20 of the captives have been freed. until bloomberg there are u.s., french, and the hotel.ps in two malian citizens and one french citizen are dead. here are the latest of elements from paris. nearly one week after the attacks there, a third body found in a department that was rated two days ago. the body of an unidentified woman. the suspected ringleader of last week's attacks was killed in the raid. the european union is being urged to implement security measures that were passed earlier this year. ,nd the oldest mosque in france services are canceled because of security worries. we are also hearing this morning from the german interior ministry, a spokesman commenting in berlin, saying one of the attack suspects came through germany. the senate has not indicated whether it will

here is vonnie quinn. vonnie: thanks, tom.t of his groin for a deal on climate change in paris. 140 leaders from around the world are there including the chinese president and they will be speaking over the next few days. the goal is to come up with the truly global deal to curb greenhouse emissions. -- somech president pollution readings in beijing have reached 17 times the level considered safe. obamaight, president visited a memorial outside the theater for dozens were killed. french president aland joined him. european and turkish officials say there should be a solution on cyprus. they are being led by advocates of reunification. in.ey invaded cyprus there are still troops there. suspect in colorado makes his first offense in court today. three people were killed in friday's attack. the suspect made a quote about no more kb parts, he was up was to a portion. you can get more on these and other raking stories 24 hours a day. thank you so much. there is so much going on it. the jobs report is on friday. that's an important

now we go to vonnie quinn. t we would have a look at a "morning must-read," this time from "the telegraph." a frequent guest on the show writing about saudi and it's deep pockets. similarwe have heard things from daniel yergin in the past. but we are reading here as well that lots of things are being considered, including structural reform in saudi arabia. so in the future this will not be a problem. tom: yes, from the saudi optimist. ira jersey is with us this morning, with oppenheimer funds. is -- todience that it our audience that is saying i learned on friday where molly is and i learned about the length of the syrian border this morning -- how do you look at that as a backdrop? do you ignore it? a variety of reasons, we have felt that turkey was at risk. there are obviously a lot of politics going on in a place like turkey. you have to pick your spots. for example, i think one of the things that could very well, out inthis is more risk-off things like foreign exchange, particularly in emerging market countr

here is vonnie quinn. nnie: the ceo of united continental is prepared to return to work just weeks after a heart attack. it was his first indication since taking medical leave in october. already director when he was hired from csx in september. ratings are downgrading the bank, setting asset quality. earlier this week, the london bank revealed plans to tap investors for more than $5 billion, eliminate thousands of jobs, and cut risky assets across asia. that is the bloomberg business flash. tom, you have breaking news on square. tom: this has been widely anticipated, not nearly as complex as what we saw with i cap this morning. i have got to be honest, i have never used square. thee quill and i have blotter at home with the big, huge checkbooks like i am in "mary poppins." ceoie: jack dorsey is the of square and he has just -- tom: how can he do two companies? vonnie: this is a question we have been posing for months and months now. delays withey had the ipl. it had been difficult to bring the company publ

let's get to the bloomberg business/with vonnie quinn. t is closed for veterans day in the u.s. the government wants to stop -- unitedtinental says it would improve service. t-mobile is adding its upper tier phone customers a phone free of charge. soon the video will be dvd f.ality, not high de a setback for the fantasy sports business. is york's attorney general saying that the fantasy sports contests about to illegal gambling. both companies insist what they do is legal. tom: jason trennert is with us, and bill nye is with us. joe boxer.t with these are real bowties, not clip ons. rules.e says science bill nye moving the dialogue forward. support his bowtie effort with a good cause. my single best chart today is a good cause. jason trennert, help us out here on apple computer, which on any description is up to the upper right. what a terrific chart. innovation, more ecosystem, and they move up even further. do they continue? jason: at this point it is the largest company that has ever existed in the world, and generally speaking, if they

here's vonnie quinn. vonnie: foreign companies scrapping corporate event in paris following the attacks. among those airbnb who have canceled or curtailed events. a survey by the business coalition found 20% of companies will probably cancel some trips to france. volkswagen feeling more aftershocks from the emissions testing scandal. 'volkswagens market share fell 1% in october, the first full month of sales since the scandal became public. vw sales declined while overall car sales in europe or up. john malone. is extending his empire liberty global agreed to buy cable and wireless communications for $5.3 billion. last year, cable and wireless received more than half its revenue from panama and the caribbean. the cable cowboy at it again, following an acquisition in london and the netherlands. he is the largest now by subscribers. francine: we really have to talk about m&a. a guest last week was saying she was worried that all the money leads to megamergers. this is our morning must listen. we spoke to the

i am vonnie quinn. betty: thank you so much, vonnie quinn at that is desperate today, the financial stability board, a group of finance ministers advice and backed by the g-20 released its plan to prevent bailouts of large international banks. that would include increasing the amount of money they would need to raise to avoid a lehman brothers-like failure. exactly the main point of this plan here. >> the main thing is if you plosser mind back to the lehman moment and the bailouts that followed, what was being bailed out with the bondholders. the guys who own the senior debt that funds the operations with international banks. if you make them lose money, you got a make depositors lose money. we will change that around. if bondholders can be forced to lose money without us having to bring in depositors, you guys can keep an eye on this. betty: ok, so they are basically asking is banks, what, to put bondsa certain amount of -- raises an amount of money to debt, putn that -- into equity, which can be used

i am vonnie quinn. thehe euro dropped for after indicating he ran out of patience with low inflation. >> not subject -- not sufficient to achieve our objective, we will do what we must to raise inflation is quickly yes possible. >> i want to bring and brendan lives and our frankfurt bureau with some reaction. some of the reports reacting to draghi, saying he sounds increasingly worried and desperate about the european economy, is that a right trail? them i would say worried is better than desperate. if you are going to make a move you have to prepare the markets for that move. there is a very good likelihood that we move by expanding the asset purchasing program, possibly even moving the policy rate in december. if you want to move you have make sure people are going to move. speeches.d dueling he said what we expected him to say, monetary policies isn't going to fix europe. we need more workforce participation. draghi agreed with them. she said -- he said these things -- they are the only game in town.

let's check in with vonnie quinn in first word news. vonnie: we start with kurdish fighters in the battle to retake and islamic state stronghold. kurdish fighters are attacking singe are in northwest iraq. they every taken the mayor's office and part of a road used by militants as a supply line. -- round of talks on syrian civil resume saturday in vienna. russia is demoting a political transition that would last up to 18 months. according to a draft proposal obtained by bloomberg news, russia wants u.n. backing to carry out airstrikes against the islamic state. the u.s. and allies may oppose that. they say russian intervention is really aimed that propping up syria's president bashir al-assad. greek demonstrators broke away from the march in athens and through molotov cocktails for the parliament building. a 24-hour general strike is disrupting service. huge crowds are causing -- are protesting cutbacks. african leaders say the european union is going to far cutting migration. promised more development aid, but with a catch -- epic a has

here is vonnie quinn in new york. vonnie: thank you so much, francine.uro area economic growth unexpectedly slowed in the third quarter. gdp missed estimates, down from .4% in the previous period. the european central bank is currently examining the need for fresh stimulus. --hulu isin talks in talks to add time warner. this is according to people familiar with the matter who say time warner prostate could equal those -- 21st century fox, walt disney, comcast, ndc universal. apple is bailing on music and trying to migrate music to apple music. the service that was launched in turn. -- the service that was launched in june. beats in 2014. big full disclosure, i am a user of apple music, but i am not sure it is the best service yet. but i like it. i like it a lot. retail -- apple's retail, the stores are packed but not as much as they used to be. nordstrom took a macy's., as did we are sensing a lot of distress in this sector. it is difficult to know whether it is the death of the department store or whether people want individuality, or whether it is the

here is vonnie quinn. : david cameron wants to you k to join the fight against islamic state in syria. he met with the french president in paris today. he will allow parliament to join us-led airstrikes. we are right to take decisive action to stop terrorist when they are threatening the lives of innocent and's. the u.k. will do all we can to support her friend and ally france to defeat this. vonnie: they promise to increase counterterrorism operation. meanwhile, cameron will make it easier to fight terrorists. the army will be restructured. they can be deployed him easily. he wants to buy more fighter planes and a new generation of drones. whatlgium, there is a warning. they expect a terrorist attack evidently. brussels remains on lockdown. schools and stores are closed. police are searching for an islamic state sert -- terror cell. at least three of the paris attackers live in russells. would trump says he return to tough interrogation tactics. those tactics pale in comparison to what islamic state does.

here's vonnie quinn. vonnie: the uaw's contract with ford will do more than boost workers pay. the call requiring ford to invest $9 billion in the u.s. members must vote in the proposal. a court ruling could force general motors to pay million more --- millions more in damages. gm could be liable. gm'sawsuit stemmed from defective ignition switches. the plaintiff would have to prove the company covered up the problems. otle restaurants that were forced to close could reopen later this week. the shutdown affected 43 restaurants. the latest has found no trace of bacteria. francine: the oil market will remain over supplied until the end of the decade according to the international agency energy. let's head back to london and managing editor on energy and commodities will kennedy. are saying is it is about demand and supply and there is nothing more to it. but we are not expecting fracking to be less, and not expecting opec to cut. will: everywhere the iae, which advises the world's richest nations, puts together long-term trends. this is the first time they have done it since oil

here is our business flash with vonnie quinn. report that the folks like an emissions scandal has widened. engines from their audi brand has now been implicated. both the u.s. and germany began investigations wednesday, and are suspectedeers of rating engines to cheat admissions tests. domestic demand keeps rising -- economy was. -- woes. drag, exports a being heard by the strong pound and weak global demand. britons are sent to splurge this christmas. it has had a two-year low but the outlook for their own finances is good and now they are making major purchases. consumers say something and don't often do what they say. jonathan: they do. i'm not doing it, simon derek isn't doing it. we can talk about that later. and vladimirande putin have agreed to coordinate airstrikes in syria, keeping the militants.hadis to this came after a three-hour meeting in moscow between the french and russian president. ryan chilcote is in moscow with more. ryan? ryan: it was an interesting three-hour meeting. the russian president said he was prepa

vonnie quinn has more. vonnie: thank you so much. the suspected architects of last week's attacks in paris are dead. this is according to the prince -- french prosecutor. abdelhamid abaaoud was identified by his fingerprints after a swat team fired 5000 rounds into that apartment in saint denis where he was holed up with a group of associates. belgium cracking down on suspected terrorists. detentiontend police of certain terror suspects to 72 hours. it faced international pressure after the -- three americans held hostage for two months in yemen are free with the help of oman. they had been captured by shiite rebels. the largest health insurer in the u.s. may pull out of the obamacare insurance exchange market. united health cut its earnings estimates for the year and have been struggling to make profits. that is a look at our first word in news right now. more news on these and other stories at bloomberg.com. i am vonnie quinn. betty: vonnie, thank you so much. this unitedhealth group story is big. they may depart from obamacare. wh

i'm vonnie quinn.check of some of the individual movers as we approach an hour away from opening bell. platform specially products is backed by bill ackman. over the weekend and behrens, a securities analyst said that concerns a platform specialty has been overleveraged will be proved to be overblown. they estimate it is worth $20 a share. it is up in the free market 3.5%. weight watchers is an amazing story if i can editorialize a little bit. staken collins 7.2, a 6% in weight watchers. oprah has about a 15% stake. we learned that a couple weeks ago. no pun intended -- getting involved in weight watchers, driving the stock up. since oprah took her stake, it is up 237%. finally, dean foods, the largest dairy processor in the u.s., the prophet estimates, a $.22 profit per shares compared to a loss, 17% loss for sure in the same quarter last year. gains,take out one-time it beats estimates. big gain in the shares premarket, up 10% an hour before the opening bell. back to you, david. david: but it to the

david: let's get to vonnie quinn. vonnie: secretary of state john kerry and francois hollande talk about taking significant steps together against isis. the meeting was held today after calls for a global effort to defeat isis in the wake of the paris attacks. hollande will travel to washington in a week. president vladimir putin is vowing revenge against those he blames for the crash of a russian jetliner in egypt. a bomb was responsible. the head of russian security service told putin that traces of -- were found in the wreckage. president obama is in the manila -- is in manila. ship that hasvy come to represent philippine resistance to china over the disputed south china sea. the white house says the issue is likely to be discussed. you can get more on these and other breaking stories 24 hours a day at bloomberg.com. matt: we are just getting breaking news. walmart earnings are crossing the bloomberg. of $117.4venue billion. wouldat looks like it miss adjusted estimates by a long shot. we were looking for one dollar

i want to check in with vonnie quinn -- with vonnie quinn. vonnie: thank you. we certainly russia to the said if planes fire crude missiles at islamic state targets in syria -- there will be a briefing for president vladimir putin, who is ordering russia's maybe to work with france to fight the militants. areu.s. and france targeting islamic states after the paris attack. secretary of state john kerry met with president franÇois hologic paris to john kerry is even and the tragic aftermath of the attacks, progress is being made against the militants. secretary kerry: we have taken our leaders. we have of liberated -- we have liberated some communities. [inaudible] working with turkey to close the last portion. there is a clear strategy in place. i'm confident the momentum will take up. tense: paris is still after the attack last friday. 16 people have been arrested in paris since sunday. two suspects are still on the run. president hollande will meet president obama one week from today and with vladimir pugin two days later. france is asking the eu for security

here is vonnie quinn. vonnie: french president francois hollande meeting with president obama to discuss the fight against islamic state shortly. minister --e already the u.s. and france have agreed to share more intelligence. kamran prime minister will begin the vote to decide whether they will bomb the islamic state. jeremy corbyn was elected because he opposed british involvement in any conflict. but many in his labour party supporter attacks on islamic state. the threat of a terror attack has not diminished, belgium says. alert is extended into last week. but the lockdown will be eased starting tomorrow. the turkishin says "stab in the back" led to a shot down warplane. turkey says they shouted down along the border with syria after the pilots ignored repeated warnings. accused turkey of being "accomplices those quote to terrorism. john kerry is meeting with benjamin netanyahu. he so -- he hopes to stabilize relations with palestinians after two months of violence. incidents, three were hurt when a pale

let's get to vonnie quinn for the business flash. black friday crowds may not be as big as in years past. onlinepect yesterday's sales to be 22% higher. gold is trading near a five-year low. investors are shifting their focus on global issues to the u.s. interest-rate increase. that would make buying gold less attractive. airbus is pitching a new supersized version of its superjumbo a380. passengers.arry 615 it would be perfect for carrying pilgrims to mecca. up to now the a-380 has not had more than 517 seat. s. i love the marketing there. tom: i have never been in a gin ormous plane. they canceled me three times. i really don't care, but i've just never been on a big flight. on this black friday, we are thrilled to bring you the perspective, the real estate perspective with howard davidowitz. he has decades of experience in listening to every story in ralph laurenlike succeeding into many others going down in flames. chinesehem hinge to the consumer, the foreign consumer has vapored. has absolutely disappeared. can you do a business

before we get to the conversation, how about a little news with vonnie quinn? re trying to get on the same page about global warming. about 150 other countries are in paris for a climate conference. any deal should include eight for them. that idea was backed by the president of china. conditions in his country's capital show the need for change. the pollution alert is up in beijing. a reading of a poisonous substance in the city's eric is five times higher than a safe level. the turkish leader says his company will not apologize for downing the russian warplanes y. the body of the pilot was sent to russia. the body died when turkey shot down the russian plane. thepope visited a mosque in war-torn capital of central african republic. religious violence has excavated since muslim rebels took over the country's years ago. you can get these stories and more toy for hours a day at the new bloomberg.com. from the news desk, i am vonnie quinn. matt: kicking off with microsoft. you can see the stock is up more than 1% in the premarket after raymond james moved into to

let's get some news from vonnie quinn. vonnie:

vonnie quinn in new york with me and francine lacqua in london. me really is in paris. -- brendan greeley is in paris. 7, people arrested, seems like old news. vonnie: the police operation is ongoing according to the paris prosecutors. seven people arrested during a raid in saint-denis, about six miles north of paris where stade de france is and where people have been holed up. tom: this dovetails into what we're seeing in germany. the new concerns in germany about security issues. mr. lavrov speaking earlier from russia on the need for a joint effort. vonnie: you are referring to some football games in hanover that chancellor merkel was going to go to as a symbol of not being afraid, they had to be canceled. is commodityhat movement. i'm glad jane foley is on set with us. idea how iron or had plunged overnight. you cannot keep up with everything. i can say this because i finally learned it off the bloomberg terminal, iron ore took a leg down this morning. francine: nothing like the bloomberg terminal. i was looking at zinc and the fallout linked

let's get the bloomberg first word news with vonnie quinn. investigation of the paris attacks is leading more to belgium. the associated press cites a french official who says belgian was the mastermind of friday's killings. as --lgian was identified he has been connected to foil attacks on a french plane -- to foil the attacks on a french plane and a french church. investigators say he rented a vehicle used by the attackers. the french interior minister say 23 -- says 23 people are now under arrest. 104 more are under house arrest. 168 searches have been conducted across the country. french planes bombed islamic state targets in syria. thefrench say they had nicest command center. for the first time, -- lebanese officials say some of the suspects in last week us beirut attack are syrians. nine people are under arrest. islamic state claimed responsibility for that suicide bombing. 43 people were killed in an explosion thursday in a busy neighborhood. doubling its security, and the government is recruiting 1900 security and intelligence agents.

erik: why don't we start this hour with the first word from vonnie quinn? hopeful but not certain that a john.rone killed jihadi videos on the web show him beheading six hostages. police in iraq say a suicide bombing killed 21 people today near baghdad. it happened during services for eight shia militiamen killed. better technology is needed to analyze the final seconds of the cockpit was recording. -- voice recording. you can get more at the new bloomberg.com. sour retail prospects dragging down futures this morning. the s&p is down three points, down is down 35 points. jcpenney and nordstrom among the first shares to trade today after disappointing earnings reports -- nordstrom was a disappointing earnings report and disappointing outlook. shares are down 21%. jcpenney beat on earnings, be on margin, be on revenue but its outlook for same-store sales may have disappointed investors. stores, all's, ross these retailers trading down in the premarket. a pretty negative day and we had the retail sales numbers out also a disappointment. i want to talk quickly

let's get the bloomberg business flash -- here is vonnie quinn. nnie: from one strike to another -- the strike by flight toendants forcing lufthansa canc more flights today affecting more than 100,000 passengers. it is set to last through tomorrow. are protestingts their policy on pay, pension benefits, and retirement age. in london, shares of glencore dropped for the first time in a month. the commodity trader is down 6% today. it is the worst performer in the ftse 100, falling 67%. falls in commodity prices have cut profits and investors are concerned that they won't be able to pay down $30 billion in debt. narendra modi will become the first indian prime minister to visit the u.k. in a most a decade. the u.k. is the largest investor in india. they invest more in the u.k. than the rest of the eu combined. guy, you have more on the visit. guy: i certainly do. bloomberg's executive editor for international government joins us now. he has got a pretty packed show. what are the highlights? if i am a businesswoman, what are the highlights? joel: first

i'm vonnie quinn. betty?: the commercial real estate company founded and run dolphin is a project in the west side of manhattan. the latest company to follow coach and l'oreal will be consolidating their headquarters at hudson yards. they will be buying a 40% stake building. the company's ceo said down with me for an exclusive interview. >> it's a great thing to bring the two offices together because we find the experience in the office really makes a lot and contributes to our work, and secondly, we were looking at a place, a location, a building where we could really design a modern office for the future. that's really hard to do in narrow offices with floor plans, lots of columns, more windows, and so on. there are great options. we have great options. look to midtown, downtown, but hudson yards was the best? >> yes. betty: does that mean you are 100% occupied? now -- on another announced tenant will be at the building. the peopleounds of becoming part of hudson yards. andave media and consulting coach obv

here is vonnie quinn. francois hollande meeting with president obama to discuss the fight against islamic state shortly. british prime

moment.get the bhp in a here's vonnie quinn.a is a return to almost normal operations tomorrow after the conclusion of its longest ever strike. 2000 canceled flights. they dropped more than 900 connections today, bringing the total number of cancellations to 4700. oil stockpiles have gone to a record of 3 billion barrels which could deepen the rise in prices. strong production is expected in opec and elsewhere. apple is bailing on beat music, trying to steer users to its own prescription service. acquired beats in 2014. this is our bloomberg business flash. francine: thank you. let's continue our conversation on commodities with our chief energy correspondent, along with derek halpenny. how much does this have to do with the movement of the dollar and with actual concern about 2016 growth? javier: i think the dollar has a headwind that is increasing rates and that traditionally means weaker commodity prices. china is the biggest concern, and no other market is more important for the big miners. i was talking yesterday with the c

let's take to vonnie quinn. vonnie: thank is so much. in paris today, they remembered teh 130 people killed two weeks ago. the names and ages of the victims were read out loud at a ceremony. rance's foreign minister says the main objective of these national military campaigns is to destroy islamic state's headquarters in syria. athorities in brussels say terror attack is no longer imminent. they have reduce the terror alert levels and the brussels subway resumed its full schedule today. still, police and troops are patrolling streets. republican presidential candidate ben carson is moving to improve his foreign policy credentials. according to the new york times, carson is making a surprise trip to jordan to visit syrian refugees. before the paris terror attacks, carson was leading in some polls. but his support has jumped because of quest is about his expertise on foreign affairs. get more on these and other breaking stories at the new bloomberg.com. julie: thanks, vonnie. let's take a look at what is going on with futures this morning.

let's go to vonnie quinn. vonnie: a federal appeals court has daeealt a blow to president obama's plan to prevent immigrants from being deported. tates try to stop it. the states led by texas would probably end up winning the lawsuit. top maybe the supreme court. the senate is expected to pass a bill that would ban moving on, bay prisoners to the u.s. prisoners.12 most of them captured in anti-terror operations. congress would have to sign off on any new u.s. facility for the prisoners. david cameron wants to redefine the u.k. relationship with the european union. today the british prime minister called on the e.u. to make irreversible changes that would give the u.k. more autonomy within the bloc. thereminister cameron: will be those who say that what we are embarked on his somehow mission impossible. i say why? i do not deny seeking changes which require the agreement of 27 other democracies, all with their own concerns, is a big task. but an impossible one? i do not believe so for a minute. vonnie: one of hi

we will start with vonnie quinn. elgium, police have arrested five more terror across the rates country. within 20 suspects are being helped in the belgian government has one that in islamic state terror cell is plenty at hairstyle attack in brussels. the belgian capital is under the third day of a lockout. schools, stores, and the subway close today. mr. david cameron has promised to help france in the battle against the islamic sacred cameron met in paris today with francois hollande. cameron says he asked farmland to allow britain to join u.s. led airstrikes against the islamic state in syria. a long meeting president obama and washington and angela merkel on thursday. argentina has voted to end 12 years of leftist populism. macri has been elected president. that sets the stage for economic liberalization and improved relations with the united states. he has promised to lift argentina's currency controls and attract international investors. you can get more these another breaking stories 24 hours a day at the new b

vonnie quinn has more. vonnie: thank you so much. we start with the latest on the russian plane crash in egypt. area where to the the airliner crash are being grounded. speculation by british and u.s. officials that a bomb brought down the plane. russian officials deny that. islamic state in the sinai peninsula claims it caused the crash but says the west must figure out how it was done. nato secretary-general is calling out rusher over its buildup of military forces from the baltic sea to the mediterranean. he is asking the u.s. alliance to come up with a response. he says the buildup could allow moscow to limit nato's access to certain regions. refugees aree expected to reach europe before the end of next year. that is the latest projection from the european union. one in 700,000 people have sought sanctuary in europe this year. germany reports taking in 181,000 refugees last month alone. a majority of americans have doubts about the u.s. plans to stop islamic state. of those surveyed by the associated press disapprove of president

here is vonnie quinn. s are calling for calm after turkey shot down a russian were plain. moscow will send its newest antiaircraft guns to the base. one of the pilots was rescued by syrian troops. the other was reported to be dead. syrian rebels have his body. turkey says russia violated its airspace, but russian eyes that -- but russia denies that. after yesterday's meeting with an -- with president obama, president hollande will talk with angela merkel today. a state of emergency after a suicide bomber killed 12 people on a bus carrying presidential guard. that is in tunisia. islamic militants killed 60 people in tunisia this year. searching for another terror suspect seen driving a car two days before the paris attacks. with one of the suspected organizers. arrestedes have five people. and the pope is on the road again. a five-day trip to three african nations. he will visit kenya, uganda, and the central african republic merit -- the central african republic. you can get breaking news 24 hours a day at

vonnie quinn has more from our first word news desk. : republicans will hold a debate tonight. and carson will lead the debate. the main event starts at 9:00 eastern. the panel for lower rated candidates will start at 7:00. there are now 112 prisoners in guantÁnamo bay, most captured in anti-terror operations. congress would have to sign off new prisoners. university of missouri football players are ending their walkout . they demanded that university presidents ted wolfe resign. will offerversity diversity training to all new students, faculty, and staff. and a new study suggests that mexico oil spill may still be on the ocean floor. and others are among newcomers in the baseball hall of fame ballot. hoffman is an all-time all-star record for all time saves until it was passed by another player. ony will be announced january 6. you can get more on these and breaking stories 24 hours a day at the new bloomberg.com. from the bloomberg first word desk, in vonnie quinn. president obama is defending the transpacific partnership, saying that

now vonnie quinn has the latest headlines. vonnie: we start with paris. the fate of the man suspected of planning the attacks in paris is not known. seven suspects were arrested but officials are not saying if ab doll is among them. two were killed. a broad coalition is needed to stop the militants. cameronprime minister the britain needs to target head of the snake and bomb the targets at the syrian base. bywants to hold a vote christmas. islamic state leaders are .leeing the group in syria france and russia have stepped up their airstrikes in the city, which has become these linux k's de facto capital. onboard twoof bombs flights. both were diverted after anonymous threats. one is now on its way to france. the other flight from washington landed on the east coast. bonds that killed at least 32 people in nigeria. 80 people were wounded and 20,000 people have died in uprising from militants. that is a look at the news now. and other breaking stories at bloomberg.com. much. thank you so staying on the islamic state and a fight against the terrorists, more

right now, and business flash with vonnie quinn. vonnie: thank you.n commission cuts its euro area growth inflation outlook for next year because of my challenging global commissions and lower oil prices . also, a weaker euro. -- but that is down from a projection of one point 9% in may. the recovery is resting on unprecedented stimulus by the ecb who releases fresh predictions in-depth e -- fresh predictions in december. overcoming a slum in trading revenue. the bank says that ned income climbed $1.2 billion, beating estimates. michael o'leary is learning that it comes with rewards. become at least 500 million dollars richer, with a three .8% stake in ryan and, which had a 5% since the beginning of the week. he raised $1.3 billion fortune in 2015.umped that is the business flash. francine: let's talk about u.s. jobs. report but payrolls the potential of moving the tectonic plates of global rates. that's get back to george magnus, a senior adviser to ubs. we have the payroll figures tomorrow. what we heard from janet yellen, what we heard from sandy f

vonnie quinn has more from the news desk. andie: we begin with paris president obama calling the united nations conference on climate change a turning point. paris, president obama said this is the moment when we finally decide to save the planet. he says the u.s. has played a role in creating the problem and now wants to do something about it. the president spoke on the opening day of the conference. >> this is the moment we finally determined we will save our planet. nationhe fact that our s share a sense of urgency about this challenge and a growing realization that it is within our power to do something about it. vonnie: for more on the story, let us go to hans nichols. talk about the challenge that lies ahead. no one is underestimating the challenge. hans: they do not want to walk away from the situation having a lot of criticism. every leader is talking about collective action. it has been the lack of collective action that has really some previous som summit similar to this and really disappoint. we have a lot of comme

here is vonnie quinn. vonnie: thanks.oduction unexpectedly dropped in september in germany. fell 1.1% in august. economists were looking for a gain of 0.5%. a deal to report in the pharmaceutical space. astrazeneca is going to buy zs pharma. zsres of california-based pharma will get $19 per share. toyota is the latest automaker to distance itself from takata after similar announcements by honda and mazda. shares have nosedived 39% over the last three days. that is the bloomberg business flash. francine: thank you so much. at the bank of england, there is inflation and there is inflation. bloombergusive television interview, that is something mark carney is watching. said one of the things we is that we have adjusted our horizon for which we would return inflation to target because we recognize that there is some persistence. we might not be about to get inflation back to target as quickly as we would have thought if it was just a one-time drop. core inflation is what central banks around the world watch. give us a sense o

vonnie quinn is that the new stuff. vonnie: u.s. in afghanistan says that some of those involved in the attack on hospital have been suspended. it is unknown how many people have been suspended. international investigators say the crew of the u.s. gunship thought the hospital was a telegram compound. thought 31 people -- the hospital is the taliban compound. at least 81 people were killed. security -- at least 31 people were killed. embassiesas raised at and shopping centers. it called for attacks on headquarters and appeared on social media this weekend. government the declared a state of emergency after a suicide bomber killed 12 people on a bus carrying presidential guards. tunisia has expensed several attacks by islamist extremist this year. the country is described as the only success story that came from the arab spring ruvell full -- arab spring results. the pope is on the road again. pope francis starts a trip to three african nations. he starts in kenya, then visits uganda and the central african republic. says thed nations

david: first word to vonnie quinn. vonnie: everybody grabs onto that as a character. the slow man running sequence but the actual running sequence. we are here with the first word headlines. the next major gain in the u.s. economy is out in one hour. expect the jobs report to improve by thousands. meet next month to discuss interest rates. bloomberg will bring you the numbers as soon as they are released. thousands of british tourists were grounded when they suspended flights to where the russian airliner crashed last saturday and they are going home. cause that has been pinpointed. cigarette sales in the u.s. could rise for the first time since 2002. analysts think the look at prices are leaving americans with more money to spend. -- analyst think low gas prices are leaving americans with more money to spend. you can get more on these and other breaking stories 24 hours a day at the new bloomberg.com. not come just did a model that killer jacket. it is time for this morning's must read. tom: this is out of "the new york times," and this is someone on the political le

i want to turn to vonnie quinn. tate john kerry and president obama will make that statement at 11:45 eastern. bloomberg has confirmed that the administration will reject the keystone xl oil pipeline after a seven-year review. we will have live coverage of the president's statement right here on "bloomberg markets." legal experts think a new inquiry could lead to investigations of other oil companies. the u.s. attorney general wants to know if exxon knew that global warming would hurt the environment and its profits. the subpoena goes back nearly 40 years. authorities in southeastern brazil fear that a flooded town is filled with toxic water. 15 people are dead and dozens are missing. a dam burst. the next republican presidential debate will have a different look. chris christie and mike huckabee did not qualify for the main event next tuesday. they will be in an earlier forum . only eight candidates will debate. americans appear to be smoking more. cigarette sales could increase for the first time since 2002. americ

vonnie quinn has more from under his desk. vonnie: thank you so much. we start with fireworks season going underway in a hamster. martin o'malley and donald trump among the first candidates to file for the primary. -- meet basicasic requirements and fill out a one-page form and fill out a filing fee. it is expected to the around february 9. an ordinance in houston that would establish nondiscrimination protections for gay and 10 to enter -- transgender people was defeated. it was soundly rejected by vote of 61% to 39%. andcity's mayor, who is gay support of the ordinance, told supporters the fight is not over. mayor of the houston suburbs are headed for a december runoff to choose houston's next mayor. of russian jets had reportedly no warning of trouble before crashing in the egyptian desert. the play black boxes include note mechanical or system problem. all 224 people aboard were killed when the airbus crash saturday. there are taking to us back to russia after a vacation in egypt. investigators have now identified the bottom of 33 victims. thousands

let's get to the first word news with vonnie quinn.ng on in attackers in the capital originally took 170 hostages. there are conflicting reports on how many of them have been released. at least three people have been killed. no word on who the gunmen are. soldiers haveh both entered the hotel and president obama says the white house is monitoring the situation. refugees -- the senate has not said whether they will take up the measure. the site pause in -- settlement program students ended a 32 hour sit in at the university presidents office. wilson was a princeton graduate and president who had a number of racist views. matt: we want to go to morning meeting now where we hear what key banks are looking at today. estate --out the real the retail economy right now. it very interesting morning because we at a couple of clothing retailers that usually abercrombiented -- & fitch and the luck beating estimates and gaining by a lot. a place where the u.s. consumers are spending money now. -- abercrombie & fitch and foot locker. >> you have sh

first up the first word from vonnie quinn.cky gets only a second gop governor in four decades, matt bevin. defending -- debating two challengers. a fire that killed 32 people in minister- the prime resigned and said his ministry would as well. the fire provoked huge protests. the u.s. tax chief -- the irs says the auditing on federal tax returns has dropped to .8%, the lowest rate in a decade. some -- i hadhave thought we had some breaking news. matt: we are waiting for breaking news on fox. i will look done here at the morning must-read. stockman looks like -- are you -- are you doing a management thing with a beard? let's go to david stockman's favorite economy -- economist. i was supposed to be shocked -- if his remarks seem startling, it's because the press, including david westin, it is -- it is a point here that you have been a critic of, and the fact is that the republicans continue to look at the evil federal reserve as a whipping boy. david: i think it should be a whipping boy, but the point is, trump is right to keep

we will get into the news first with vonnie quinn. ganizing the terror attacks in paris, the man accused of that is dead. he was killed in a raid yesterday. there were reports he was plotting another attack. eight other people were arrested. five missions, among them infiltrating and obstructing, -- ecting vital overwhelminglyrs take ben carson over donald trump but they say trump when asked who could get things done. this is according to the latest polls. 24% of the republicans surveyed, carson was next with 20% and marco rubio third. 24 can get these stories hours today at bloomberg.com. news on oil. rt showsng show -- cha you live pictures now, an absolute drop-down 2% on concerns the u.s. has massive stockpiles. you the stockpiles are huge as far as what we're looking at for the strategic reserve ran out. watch this story. it will be huge throughout the morning. 3997, a massive story. features up this morning. we are still seeing gains, but about half of the gains we are seeing on the s&p many contracts now four points rather than

now, time for news of vonnie quinn. morning toal day in remember the people killed in the terrorist attacks. the names and ages of the victims were named out loud in a ceremony. the main objective of the campaign is to destroy islamic state's in syria. moscow is tight control on inputs of turkish goods. russia may come out with more economic measures that affect flight, trade, and investments. the president of turkey's firing back at vladimir putin. it is denying russian allegations that they make money by selling oil to turkey. russia backs -- related video footage that shows the aftermath of a russian airstrike. the video appears to show a building and several cars on fire while men rush to put out the flames. the agency the airstrikes targeted was in a civilian area. authorities in brussels say a terrorist attack is no longer imminent. they removed the terror alert levels. police and belgium are patrolling the streets. you can get more on these and other breaking stories 24 hours a day bloomberg.com at bloomberg.com.

vonnie quinn is not here. here is david gura.a has agreed to buy a former subsidiary of visa europe. the lack of contributions from europe has long been seen as a weakness for visa. the fiat chrysler jeep is a huge hit. -- consumers do not seem to care. jb is closing on the second straight -- jeep is closing on the second year as the fastest-growing automaker in the u.s.. -- thatral reserve will is the bloomberg business flash. francine, over to you. francine: saudi arabian officials are said to be creating a special department to control government spending. country leaders are trying to curb spending as oil prices have ravaged -- this has a huge impact on its neighbors. editor, elliott gotkine, joins us. this is huge. banklima, peru, the imf meetings, most economists were talking about the demise of saudi arabia. it is borrowing. gets 80%saudi arabia of its revenue from oil, so when they plunge, -- so when prices plunge, that impact saudi arabia's finances. the surpluses they have experienced in recent memory, an average of 7%

let's start with the first word to vonnie quinn. vonnie: thank you. in tents when britain's prime minister discovered -- discussed the crash about egypt. they're suspending flights in the region where the airbus went on, speculate a bomb dropped down the airbus. egyptians officials called it an accident. militants claimed they brought down the plank but do not say how. surveyed of those disapproved of president obama's strategy for fighting the tents in iraq and syria. airstrikes that started last retake. trying to at least 18 people were killed, but officials fear that death tolls could rise. some workers abused cell phones to call for help. you can get more on these and breaking stories 24 hours a day at bloomberg.com. david: tom is here with this morning's must read and i have not been so fortunate to be surrounded by you guys. when i read this, -- tom: it was greek. david: sans script. that is because they write in sand script. this is the english from the pros, they do not talk about interest rates like we do. forever, we would expect short break

vonnie quinn. vonnie: that's me. thank you. good morning. dish forces have launched a major offensive in northern iraq . they are attacking isil fighters. they are led by us-led airstrikes and iraqi forces. they capture the city last year. that prompted the u.s. to begin air rates. the next round of talks on serious civil war resumes saturday in vienna. russia is proposing a political transition that will last 18 months. according to a draft proposal obtained by bloomberg, russia also wants u.n. becky to carry out -- backing to carry out airstrikes. the u.s. and allies says russia is aimed at shop -- propping up syria's president assad. the same unions that brought alexis tsipras to power are on the other side today. they have called a general strike. from port workers to doctors, they are protesting pay cuts. pras said he had no choice to get the european bailout. you can get more on the stories of the new bloomberg.com. that's have a look at what is moving in the premarket. acrossetting headlines the bloomberg -- liberty media is going to